Trump's trade war and the option of 'fair' rather than 'free' trade - Steven Hail Instead of leading the world and insisting on trade deals that are fair for all, Donald Trump has chosen to pick an unnecessary neoliberal "free trade" fight - which is likely to have unforeseen negative … [Read more...]
Neoliberal v Neoclassical economics
Neoliberal v Neoclassical economics – what’s the difference? - Claire Connelly Neoliberalism and neo-classical economics are often terms that are used inter- changeably by various economists and financial writers, but actually, there are important differences between the two. We’ve had some … [Read more...]
Bank income and spending – Part 2
Bank income and spending - Part 2 - John Hermann It would be helpful to amplify various points on this topic made within the previous issue. Under the heading "Bank equity is not money" a distinction was made between bank financial assets and bank equity (neither of which are money, as used in the … [Read more...]
U.S. Economic trends
U.S. Economic trends, ten years after the crash - David Ruccio “... ten years on, U.S. capitalism has created the conditions for renewed instability and another, dramatic crash.” The economic crises that came to a head in 2008 and the massive response - by the U.S. government and corporations … [Read more...]
